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Below is an in-depth analysis and side-by-side comparison of IM=X Pilates Studio vs Pee Wee Workout including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $66,000 - $150,000 | $18,000 |
Franchise Fee | $22,000 | $15,000 |
Royalty Fee | Varies | 10% |
Advertising Fee | - | - |
Year Founded | 1994 | 1986 |
Year Franchised | 2003 | 1988 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | - | $250 |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Video-based training program |
Support | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Toll-free phone line, Internet, Purchasing cooperatives |
Marketing | Co-op advertising, Ad slicks, National media | Ad slicks |
Operations | - |
Franchise can be run from home. 0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
The IM=X Pilates Franchise is a turn-key business that offers chiropractors, physical therapists, sports medicine M.D.s and personal trainers a unique opportunity to enter the pilates, fitness and exercise rehabilitation industry.